Rancho Santa Margarita First-Time Homebuyer Report for October

Rancho Santa Margarita is a city that is growing faster than others in California at a 10-year growth rate of 2.2%. It also has a larger than average population of 47,853 people. Rancho Santa Margarita is made up of homes that are considered of moderate age with a median of 16 years. Leading the list of best schools in the city are Robinson Elementary School and Rancho Santa Margarita Intermediate.

Price Range

Some of the more expensive homes in California are in Rancho Santa Margarita with a median home value of $413,500 and an average list price for available homes currently at $668,562.

Curious as to which homes have been getting the most attention in Rancho Santa Margarita? These listings have stirred up interest and produced the most views:

Typical Dwelling

The typical dwelling in Rancho Santa Margarita is a two-bedroom condo worth about $383,593. To purchase a similar home, a buyer with good credit and a $76,719 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,478 monthly payment. The property tax rate is $7.36 per $1,000 of taxable assessed value.

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